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Nairobi is home to 75pc of Kenya billionaires The heavy concentration of billionaires in Nairobi indicates inequality in the country’s economic development. Africa’s rich have suffered the most from the economic impact of the pandemic, with AfrAsia Bank saying the share of super-rich persons in the continent dropped by nine percent last year. In Nairobi, the number of billionaires shrank by 10, accounting for 38 per cent of the persons whose net assets fell below $10 million. Tuesday April 27 2021 By BRIAN NGUGI The heavy concentration of billionaires in Nairobi indicates inequality in the country’s economic development. Africa’s rich have suffered the most from the economic impact of the pandemic, with AfrAsia Bank saying the share of super-rich persons in the continent dropped by nine percent last year.

Rift valleySouth africaNairobi areaChris kirubiManu chandariaJomo kenyattaNicholas biwottVimal shahLafrasia bankKenya national bureau of statisticsNairobi securities exchangeMauritius based afrasiaKenya national bureauAfrica wealthAsia bankKenya billionaires